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A French company is considering a project in US . The project will cost $ 1 0 0 M . The cash flows are expected
"A French company is considering a project in US The project will cost $M The cash flows are expected to be $M per year for years. The current spot exchange rate is $ The riskfree rate in the US is and the riskfree rate in Europe is The dollar required return on the project is Find the NPV in foreign currency using foreign currency approach. The answers below are in millions."
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